According to the National Bureau of Statistics in China, the manufacturing industry indicator has maintained stability in the month of September, coming on the same level with data from the month of August. This data was effective in reducing expectations of further expansionary policy. Purchasing Managers Index (PMI) in the manufacturing industry came at 50.4 level in the month of September. The above of 50 level on PMI data is showing us an expansion in manufacturing industry, and also under 50 level is showing us a contraction. Manufacturing PMI data of September strengthened rising fiscal policy supported the growth of the government's support and opinions on the real estate market.
- Date: 09 October 2016 Sun 15:23
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